Director/PDMR Share Transaction

RNS Number : 3769T

Path Investments plc

24 March 2021

 

24 March 2021

Path Investments plc
("Path" or the "Company")

Director/PDMR Share Transaction

Path Investments plc (TIDM: PATH)   announces that it was notified on 24 March 2021 that John Allardyce a director/person discharging managerial responsibility in the Company has, in order to transfer his shareholding in the Company into his ISA and SIPP, sold 6,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 0.2615 pence per Ordinary Share and then repurchased into his SIPP 2,400,000 Ordinary Shares at a price of 0.2770 pence per Ordinary Share and 3,600,000 Ordinary Shares into his ISA at a price of 0.2750 pence per Ordinary Share. The transactions took place on 24 March 2021 and further information is contained in the disclosure tables below.

The transactions were entered into in accordance with an exception from the lock up arrangements applicable to Existing Directors as described and defined in the Company's prospectus published on 12 March 2021.

Following the transactions, there has been no change in the number of the Company's shares in which John Allardyce has an interest.

For further information please contact:

Path Investments plc	C/O IFC
Christopher Theis Jack Allardyce
IFC Advisory (Financial PR & IR)	020 3934 6630
Tim Metcalfe Zach Cohen
Grant Thornton UK LLP (Financial Adviser) Jamie Barklem Samantha Harrison Harrison Clarke	020 7383 5100
ETX Capital (Broker)	020 7392 1400
Elliot Hance

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of Director/PDMR
(a)	Name	John Allardyce
2.	Reason for notification
(b)	Position / status	Director
(c)	Initial notification / amendment	Initial notification
3.	Details of the Issuer
(a)	Name	Path Investments plc
(b)	LEI	21380058VQBP76M7TN11
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) have been conducted
(a)	Description of the financial instrument, type of instrument, Identification code	Ordinary shares of 0.1 pence each ISIN GB00BYQD5059 PATH
(b)	Nature of the transaction	Sale of Ordinary Shares
(c)	Price(s) and volume	Price Volume 0.2615 pence 6,000,000
(d)	Aggregated information Aggregated Volume Price	6,000,000 £15,690.00
(e)	Date of the transactions	24 March 2021
(f)	Place of the transactions	London Stock Exchange

1.	Details of Director/PDMR
(a)	Name	John Allardyce
2.	Reason for notification
(b)	Position / status	Director
(c)	Initial notification / amendment	Initial notification
3.	Details of the Issuer
(a)	Name	Path Investments plc
(b)	LEI	21380058VQBP76M7TN11
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) have been conducted
(a)	Description of the financial instrument, type of instrument, Identification code	Ordinary shares of 0.1 pence each ISIN GB00BYQD5059 PATH
(b)	Nature of the transaction	Purchase of Ordinary Shares
(c)	Price(s) and volume	Price Volume 0.2770 pence 2,400,000 0.2750 pence 3,600,000
(d)	Aggregated information Aggregated Volume Price	6,000,000 £16,548.00
(e)	Date of the transactions	24 March 2021
(f)	Place of the transactions	London Stock Exchange

 

END

 

 

DSHUSRSRAOUOUAR